cds

CD rates for July 25, 2013

 

I'm Greg McBride, senior financial analyst with Bankrate.com, and here is your weekly look at yields on certificates of deposit.

Savers waiting for an increase in CD yields have had their hopes dashed again, as the average five-year CD yield inched lower to 0.77 percent. Not only did the average move lower, but not one out of the 100 banks surveyed boosted yields this week. Yields on shorter maturities all held steady as they have in recent weeks.

Even on larger jumbo deposits, those requiring an initial investment of $100,000 or more, evidence of higher yields was hard to find. The average three-year and five-year jumbo CD yields increased slightly, to 0.51 percent and 0.82 percent, respectively, while all other maturities were unchanged.

To find the best yields on all CD maturities, as well as other savings instruments, go to Bankrate.com.

I'm Greg McBride.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
CAR & MONEY NEWSLETTER

Get cost-cutting tips for buying, selling and maintaining your wheels. Delivered monthly.

advertisement
Partner Center
advertisement

Blog

Tara Baukus Mello

Honda’s Halloween treat: Free candy

You can go trick-or-treating this Halloween without leaving your house, thanks to Honda.  ... Read more


Connect with us